Quote:
Originally Posted by Ozy_Flame
I'm not so sure. I'd like to see the growth of that litre-per-profit gap since April 1 for a true picture. If the drop in prices was mitigated by market fluctuations and shifting profit margin goals, that should be accounted for.
In the meantime, I will continue to enjoy lower prices in Toronto. They have been dropping slowly but steadily over the last 3-4 weeks.
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Those are two different questions though.
One is are refineries or gas stations profit taking and the other is Did the policy of providing gas tax relief pss the savings into the consumer. The answer to the latter question is yes except for last two weeks.
I looked through the article but couldn’t find a reference to the context in which Tombes made that quote but agree it would be interesting to see cross Canada profit at the pump since April.